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Next generation of investors rise as intergenerational wealth transfer begins

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Australia is on the brink of a historic $3.5 trillion wealth transfer to Gen Z and Millennials, with significant implications for financial strategies and investments.

Australia is on the brink of experiencing the largest intergenerational transfer of wealth in its history, with a staggering $3.5 trillion AUD expected to be inherited by Gen Zs and Millennials by 2050. This substantial shift in capital ownership promises to usher in a transformation in how these finances are leveraged for improved living.

This massive shift in wealth ownership holds the potential to usher in a new era of financial decision-making for the younger generations. As the torch passes from the older generations to Gen Z and Millennials, there will be a fundamental change in the ways finances are leveraged and invested.

Experts in the financial industry are closely monitoring this historic wealth transfer, which will impact not only individual financial destinies but also the broader economic landscape. The scale of this wealth handover, estimated at $3.5 trillion AUD, presents significant opportunities and responsibilities for the inheritors.

One noteworthy trend among the younger generation is the rise of angel investing. This form of early-stage investing allows individuals to support startups and small businesses, often with the expectation of significant returns on investment. As Gen Z and Millennials take control of their inherited wealth, angel investing is likely to become a prominent feature of their financial strategies.

The implications of this financial handover are profound, both for the individuals receiving these substantial inheritances and for the Australian economy as a whole. The decisions made by Gen Z and Millennials in how they utilise their newfound wealth will play a pivotal role in shaping the financial landscape for years to come.

Funding Futures is presented by VentureCrowd, To find out more about Conscious Investing, head to venturecrowd.com.au. 

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Cooling innovations crucial for efficient data centres

Data centres require advanced cooling solutions for efficient, sustainable operations amid rising demands from AI and high-performance computing

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Data centres require advanced cooling solutions for efficient, sustainable operations amid rising demands from AI and high-performance computing

In Short:
– Data centres are vital for IT infrastructure, requiring innovative cooling solutions due to rising global demand.
– High-density cooling technologies, like liquid cooling, improve efficiency and sustainability in managing heat.

Advancements in data centre cooling solutions are essential as global demand rises. Effective management of heat within these facilities plays a vital role in operational efficiency and sustainability.

Lizzi Long from Interactive discusses the significance of data centres, describing them as essential digital warehouses housing organisational IT infrastructure.As demand for data centres increases, particularly with the rise of AI, new challenges arise related to cooling technologies.

Traditionally, air cooling has dominated, but the emergence of high-performance computing necessitates more innovative methods. Water cooling systems now prove to be more efficient in managing heat due to water’s superior thermal conductivity compared to air.Banner

High-density cooling systems like direct liquid cooling and immersion cooling have emerged. Direct liquid cooling efficiently targets hotspots in servers, utilising a coolant loop to ensure energy-efficient operation.

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Smart sustainable solutions for next-gen buildings

Smart tech helps mid-sized Australian buildings cut energy costs, meet compliance, and improve operations amid rising prices and sustainability targets

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Smart tech helps mid-sized Australian buildings cut energy costs, meet compliance, and improve operations amid rising prices and sustainability targets.

In Short:
– Mid-sized buildings face pressure to innovate due to rising energy costs and lack accessibility to affordable solutions.
– Smart building technology can reduce energy waste by up to 50% and enhance user experience in various sectors.

As energy prices increase, mid-sized facilities face pressure to innovate. New tools making smart building technology accessible are now emerging.

Louise Monger from Schneider Electric discusses why mid-sized buildings have been overlooked in energy innovation. Small and mid-sized buildings, such as those in the retail, hospitality, and educational sectors, often lack access to affordable and scalable energy solutions. With increasing operational costs, these sectors are becoming more vulnerable.

Energy Efficiency

Compliance with sustainability goals is becoming increasingly important for SMEs. Climate-related financial disclosures implemented in Australia require businesses to report on climate risks and actions. Scalable technology can simplify this reporting process, facilitating adherence to governance obligations.

By providing visibility into performance across multiple sites, managers can make informed decisions, benchmark successes, and enhance overall operations, ultimately benefiting customers through improved conditions.

For more information, engage with Schneider Electric on LinkedIn or through their website.


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The new rules reshaping the gaming landscape

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Global tech regulations reshape video game creation, boosting developer opportunities and improving player experiences through alternative payments and privacy compliance.

In Short:
– Governments are enforcing stricter regulations on digital platforms, impacting video game creation and distribution.
– Developers gain more control over payment methods and must navigate privacy laws while enhancing safety in multiplayer games.
Governments worldwide are tightening regulations on digital platforms, greatly affecting video game creation and distribution.
In the US, changes come after court rulings, including a recent Supreme Court decision denying Google a request to alter specific rules. This has resulted in Apple, Google, and other digital gatekeepers having to allow developers more control, such as directing players to alternative billing methods and accessing player data.

Chris Hewish from Xsolla joins us to unpack how regulation could redefine the future of gaming, from monetisation models to the next wave of innovation.

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